The first step is to access www.coinflex.com and click on the Register tab located near the top right corner of the screen, next to Log In. The credentials are your standard email and password combination, but you should strive to create a password that is strong and unique to this account; a combination of uppercase and lower case consonants combined with non-sequential numbers and symbols is highly recommended.
As of 2020, CoinFLEX observes some jurisdictional restrictions to keep in mind. Citizens and residents of the United States are prohibited from trading, and the same goes for the following countries: Afghanistan, Cuba, Iran, North Korea, Sudan and Syria. In addition to the above, other nationalities are prohibited; check the CoinFLEX Terms of Service for more information.
You can set up a two-factor authentication (2FA) method to access your CoinFLEX account after registration. Smartphones are the most common 2FA devices, but you can also use a YubiKey, a tablet, a laptop, or even a second PC. The 2FA account access method is for your safety. You will need to enter a 2FA token when withdrawing assets or to change your password.
To fund your account, you will need to transfer Bitcoin, Tether or USD Coin, and you can get started with as little as 10 USDT, 10 USDC or 0.001 Bitcoin. You will notice that Bitcoin is referred to as XBT instead of the usual BTC, and this is because CoinFLEX adheres to international commodity trading standards. You can request withdrawals of funds via XBT, USDT, and USDC and FLEX. There are no fees involved when funding your account.